BMW production

BMW published an increase in first-quarter profit on Thursday. This was due to a reevaluation of the German automaker’s stake in its Chinese joint venture and strong pricing, that kept …

A shortage of semiconductors will remain an issue for the auto industry into 2023, BMW’s CEO Oliver Zipse said in an interview with Neue Zuercher Zeitung (NZZ) published on Monday. …

BMW more than doubled pre-covid-19 earnings in 2021 to 16 billion euros ($17.67 billion), the automaker said on Thursday, as higher prices and strong sales of the cars increased revenue …

The German automaker BMW said on Tuesday it had halted the export of cars to Russia and is set to stop production on the ground there. The automaker also said …

BMW has warned that chip shortage may result in further lost production. There are no signs of abating and supply would remain tight in the second half of the year, …

BMW prepares major production cost cuts by the middle of the decade, one of the automaker’s board members said. “We will decrease the production costs per vehicle by 25% by 2025 …

BMW is going to invest 1 billion euros ($1.17 bln) to construct a new plant in Hungary at a time when an increase in protectionism is forcing automakers to curb …

BMW prepares to construct its brand-new 8 series model at its plant in the southern German town of Dingolfing from 2018, reinforcing the site’s role in the production of premium …

BMW plans to slash 1 billion euros ($1.14 billion) in indirect procurement expenses by 2019, BMW head of production Markus Duesmann informed the Handelsblatt daily. A BMW representative confirmed the …

BMW will look for compensation from Robert Bosch GmbH after missing out on parts for models consisting the bestselling 3-Series sedan caused production interruptions in Germany, China and South Africa. …